Returns On Capital Are Showing Encouraging Signs At Aris Water Solutions (NYSE:ARIS)
Returns On Capital Are Showing Encouraging Signs At Aris Water Solutions (NYSE:ARIS)
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. With that in mind, we've noticed some promising trends at Aris Water Solutions (NYSE:ARIS) so let's look a bit deeper.
您知道有一些財務指標可以提供潛在翻倍的線索嗎?首先,我們希望找到不斷增長的資本僱用回報率(ROCE),並伴隨着越來越多的資本僱用基數。最終,這表明這是一個以不斷增加的回報率再投資利潤的業務。考慮到這一點,我們注意到Aris Water Solutions(紐交所:ARIS)有一些令人期待的趨勢,所以讓我們深入了解一下。
Return On Capital Employed (ROCE): What Is It?
資本利用率(ROCE)是什麼?
If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. Analysts use this formula to calculate it for Aris Water Solutions:
如果您以前沒有接觸過ROCE,它衡量了公司從業務中投入的資本所產生的「回報」(稅前利潤)。分析師使用這個公式來爲Aris Water Solutions計算ROCE:
Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)
資本利用率 = 利息和稅前利潤(EBIT) ÷ (總資產 - 流動負債)
0.082 = US$107m ÷ (US$1.4b - US$89m) (Based on the trailing twelve months to September 2024).
0.082 = 10700萬美元 ÷ (14億美元 - 8900萬美元)(基於2024年9月的過去十二個月)。
Therefore, Aris Water Solutions has an ROCE of 8.2%. In absolute terms, that's a low return and it also under-performs the Commercial Services industry average of 10%.
因此,Aris Water Solutions的ROCE爲8.2%。從絕對數值來看,這是一個較低的回報率,也低於商業服務行業的平均水平10%。
In the above chart we have measured Aris Water Solutions' prior ROCE against its prior performance, but the future is arguably more important. If you'd like to see what analysts are forecasting going forward, you should check out our free analyst report for Aris Water Solutions .
在上面的圖表中,我們已經測量了Aris Water Solutions之前的ROCE與其先前的表現,但未來可以說更重要。如果您想查看分析師對未來的預測,請查看我們的Aris Water Solutions免費分析師報告。
The Trend Of ROCE
ROCE趨勢
Even though ROCE is still low in absolute terms, it's good to see it's heading in the right direction. The data shows that returns on capital have increased substantially over the last four years to 8.2%. The amount of capital employed has increased too, by 38%. This can indicate that there's plenty of opportunities to invest capital internally and at ever higher rates, a combination that's common among multi-baggers.
儘管ROCE在絕對值上仍然較低,但很高興看到它正朝着正確的方向發展。數據顯示,在過去的四年中,資本回報率大幅提高至8.2%。 使用的資本量也增加了38%。 這可能表明在內部和以更高利率投資資本的機會有很多,這種組合在多倍增長股票中很常見。
The Key Takeaway
重要提示
To sum it up, Aris Water Solutions has proven it can reinvest in the business and generate higher returns on that capital employed, which is terrific. And a remarkable 107% total return over the last three years tells us that investors are expecting more good things to come in the future. So given the stock has proven it has promising trends, it's worth researching the company further to see if these trends are likely to persist.
總而言之,Aris Water Solutions已經證明可以再投資業務,並獲得更高回報率,這是了不起的。 過去三年中有驚人的107%總回報,告訴我們投資者預期未來會有更多好事。 因此,鑑於該股票已經證明具有有前途的趨勢,值得進一步研究該公司,以查看這些趨勢是否可能持續。
Aris Water Solutions does have some risks, we noticed 3 warning signs (and 1 which is significant) we think you should know about.
Aris Water Solutions確實存在一些風險,我們注意到3個警告信號(其中1個是重要的),我們認爲您應該知道。
If you want to search for solid companies with great earnings, check out this free list of companies with good balance sheets and impressive returns on equity.
如果您想尋找財務狀況良好、回報卓越的實力強企業,可以免費查看以下公司列表。
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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Simply Wall St的這篇文章是一般性質的。我們僅基於歷史數據和分析師預測提供評論,使用公正的方法,我們的文章並非意在提供財務建議。這並不構成買入或賣出任何股票的建議,並且不考慮您的目標或財務狀況。我們旨在爲您帶來基於基礎數據驅動的長期聚焦分析。請注意,我們的分析可能未考慮最新的價格敏感公司公告或定性材料。Simply Wall St對提及的任何股票都沒有持倉。
譯文內容由第三人軟體翻譯。